Busy day ahead of us as Economic Outlook shows building permits, crude inventories and FOMC on the calendar. Plus with Netflix’s strong reaction to earnings, should be another day of interesting price action in the market. Keep in mind, typical morning session before Fed news in the afternoon tends to be low on volatility.
Premarket volume check at 07:30 EST showing moderate strength. CLX18 and GCZ18 about 4K away from crossing 100K of volume mark while 6E is not far behind.
So far, CL and GC started off the futures sessions in a bearish mood but GC has retraced its drop completely, currently up +0.17%. NQ pretty much trading sideways in a range and rejected at yesterday’s high. Coming into the premarket, 6E slowly grinding bearish.
Total Profit $125
- TST = $200
- AMP =$-75
Comment below with your opinions and questions.